Canada Joins Energy Resource Governance Initiative

From: Natural Resources Canada

Canada and the United States share a mutual interest in improving global supply chains for critical minerals. Collaboration in this area is imperative as global demand for these minerals increases.

The United States and Canada recognize global demand for minerals will increase dramatically in the coming years and this MoU provides an important framework for cooperation in addressing these complex challenges. Today, Canada and the U.S. signed a Memorandum of Understanding confirming Canada's participation in the Energy Resource Governance Initiative (ERGI). Led by the U.S. Department of State, the ERGI promotes sound mining sector governance, and secure and resilient supply chains for critical energy minerals. The ERGI complements the Government of Canada's longstanding efforts to promote responsible natural resources development with a focus on supporting economic growth and environmental performance.

The signing of this MoU builds on the June 2019 commitment by the Prime Minister of Canada and the President of the United States to advance discussion on a Canada-U.S. Joint Action Plan on Critical Minerals Collaboration. Cooperation in this area cements the two countries' mutual interest in securing supply chains for the critical minerals needed to support important manufacturing sectors, including aerospace and defense, and clean technology.

Quotes

"Canada is in a unique position to strengthen global supply chains for critical minerals. We are proud to partner with the United States through the Energy Resource Governance Initiative, to advance responsible development of critical minerals and ensure mineral security."

The Honourable Seamus O'Regan

Canada's Minister of Natural Resources

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